Jet Airways stopped flying on April 17 after it ran out of cash.
In one month, shares of the company tumbled 24.28 per cent to Rs 124.10 on the BSE Friday from Rs 163.90 on April 18.
Markets were closed on April 17 for Mahavir Jayanti.
The scrip of the firm hit its one-year low of Rs 120.25 on May 15. Its market valuation has eroded by Rs 451.26 crore to Rs 1,409.74 crore on BSE during the one month's time.
In late March, Jet Airways founder Naresh Goyal along with his wife Anita Goyal as well as Etihad Airways' nominee director Kevin Knight stepped down from their respective positions following a debt-recast plan.
Lenders are scrambling to find a suitor for the cash-starved carrier. On behalf of the lenders, SBI Caps had sought bids for sale of up to 75 per cent stake in Jet Airways.
Abu Dhabi-based Etihad Airways submitted its bid to acquire a minority stake in Jet Airways with a lot of riders that involved finding more investors, leaving little hope for the airline's survival.
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